Empty ESG Pledges Ensure Bonds Benefit Companies, Not the Planet

This article was written by Priscila Azevedo Rocha, Akshat Rathi, and Todd Gillespie and originally published in Bloomberg on October 4, 2022. Fashion giant Chanel, known for its iconic perfume and tweed suits, keeps up to date with changing tastes. These days that means showing consumers—and investors—that it’s doing its part to combat climate change.…

Read More

Canadian green bond market riding high after record quarter

This article was originally written by Maiya Keidan and published in the Financial Post on July 12, 2021. TORONTO — Canadian companies issued a record amount of green bonds in the second quarter, and bankers expect the debt instrument will become more popular because issuers are able to charge a premium that environmentally-friendly investors are…

Read More

How the $1 trillion market for ‘green’ bonds is changing Wall Street

This article by Andrea Miller originally appeared in CNBC on May 28, 2021. So-called green bonds have become more popular in recent years, and this fast-growing segment of the $128.3 trillion global bond market could grow even more. When an issuer sells a green bond, they’re making a nonbinding commitment to earmark the sale’s proceeds for environmentally…

Read More